Gold Springs Resource Corp (GRC) — Working Capital to Net Assets Ratio
Gold Springs Resource Corp (GRC) has a Working Capital to Net Assets ratio of -12.2% as of December 2025. Working capital of CA$-2.93 Million (current assets of CA$150.13K minus current liabilities of CA$3.08 Million) is measured against net assets of CA$24.09 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GRC net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Gold Springs Resource Corp Working Capital to Net Assets (2004–2025)
This chart shows how Gold Springs Resource Corp's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2004 to 2025. As of December 2025, the ratio stands at -12.2%, reflecting working capital of CA$-2.93 Million against net assets of CA$24.09 Million CAD. Check how tangible is Gold Springs Resource Corp's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Gold Springs Resource Corp (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Gold Springs Resource Corp from 2004 to 2025, covering 21 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Gold Springs Resource Corp market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -12.2% | CA$-2.93 Million | CA$24.09 Million | CA$150.13K | CA$3.08 Million | ▼ -6.8 pp |
| 2024 | -5.3% | CA$-1.32 Million | CA$24.71 Million | CA$123.80K | CA$1.44 Million | ▼ -3.8 pp |
| 2023 | -1.5% | CA$-387.53K | CA$25.20 Million | CA$179.52K | CA$567.05K | ▲ +2.2 pp |
| 2022 | -3.7% | CA$-898.43K | CA$24.34 Million | CA$538.17K | CA$1.44 Million | ▼ -19.8 pp |
| 2021 | 16.1% | CA$3.95 Million | CA$24.58 Million | CA$4.54 Million | CA$587.78K | ▲ +7.9 pp |
| 2020 | 8.2% | CA$1.87 Million | CA$22.96 Million | CA$2.60 Million | CA$725.50K | ▼ -8.7 pp |
| 2019 | 16.9% | CA$4.09 Million | CA$24.23 Million | CA$4.69 Million | CA$596.98K | ▲ +17.7 pp |
| 2018 | -0.8% | CA$-293.03K | CA$34.91 Million | CA$126.77K | CA$419.79K | ▲ +3.6 pp |
| 2017 | -4.4% | CA$-1.26 Million | CA$28.63 Million | CA$763.90K | CA$2.03 Million | ▼ -12.7 pp |
| 2016 | 8.3% | CA$2.30 Million | CA$27.56 Million | CA$2.56 Million | CA$265.32K | ▲ +2.1 pp |
| 2015 | 6.2% | CA$2.32 Million | CA$37.52 Million | CA$2.61 Million | CA$292.01K | ▼ -6.4 pp |
| 2014 | 12.5% | CA$4.33 Million | CA$34.53 Million | CA$5.06 Million | CA$733.89K | ▼ -17.9 pp |
| 2013 | 30.4% | CA$10.42 Million | CA$34.26 Million | CA$12.15 Million | CA$1.74 Million | ▼ -13.5 pp |
| 2012 | 43.9% | CA$23.02 Million | CA$52.40 Million | CA$24.46 Million | CA$1.44 Million | ▼ -14.7 pp |
| 2011 | 58.7% | CA$26.33 Million | CA$44.89 Million | CA$27.29 Million | CA$964.27K | ▼ -14.9 pp |
| 2010 | 73.6% | CA$35.07 Million | CA$47.67 Million | CA$35.91 Million | CA$838.52K | ▲ +30.5 pp |
| 2009 | 43.0% | CA$6.63 Million | CA$15.40 Million | CA$7.09 Million | CA$462.02K | ▼ -9.6 pp |
| 2008 | 52.6% | CA$7.22 Million | CA$13.71 Million | CA$7.47 Million | CA$255.14K | ▼ -26.8 pp |
| 2007 | 79.5% | CA$12.61 Million | CA$15.88 Million | CA$13.04 Million | CA$422.42K | ▲ +106.4 pp |
| 2006 | -26.9% | CA$-249.41K | CA$926.35K | CA$186.17K | CA$435.58K | ▼ -80.8 pp |
| 2004 | 53.9% | CA$3.33 Million | CA$6.18 Million | CA$3.34 Million | CA$3.65K | — |